A participant stands near an IMF logo in the International Monetary Fund – Annual Réunal de la Banque 2018 World Bank in Nusa Dua, Bali, Indonesia, October 12, 2018. – Reuters The budget for the following financial year must be finalized after the IMF consultations. The IMF agree to remove federal excise duties on the … Read more
US dollar tickets are displayed in this taken illustration, February 14, 2022. Net foreign reserves of commercial banks declared to $ 4.94 billion. Despite the drop, SBP reserves remain above the $ 10 billion mark. Forex reserves are sufficient to cover imports for more than two months. Pakistan exchange reserves withdrew $ 15.55 billion on … Read more
Prime Minister Shehbaz Sharif addresses the Prime Minister’s digital center audience in Islamabad on March 27, 2025. Pakistan will receive a billion dollar IMF loan, said Prime Minister Shehbaz. PM promises to reduce expenses, to invest in the training of young people. The stability obtained, the IMF hopes program will be the last. Islamabad: Prime … Read more
Residents cool the heat wave because they are sprayed by throwing water from a pipeline fleeing to Karachi. – Reuters / File Winter precipitation recorded 42% below normal: meteorologist. The alarming decline in precipitation pushes dams at dead levels. Metropolitan areas will experience heat waves, warns PMD. The chief meteorologist of the Pakistan Meteorological Department … Read more
A ship stacked with shipping containers is discharged on a pier in Port Newark, New Jersey, United States on November 19, 2021. – Reuters Inspire units among 80 entities included in the export ban list. 50 units based in China, rest are in Pakistan, Water, Taiwan, etc. Beijing firmly opposes politicization, the visponization of technology. … Read more
Listen to the article The International Monetary Fund (IMF) and Pakistan have entered into an agreement at the level of personnel on the first examination of the facility of the extended fund of Pakistan (EFF) and a new arrangement under the installation of resilience and sustainability (RSF), according to an official IMF press release released … Read more
A view of the International Logo of the Monetary Fund (IMF) at its headquarters in Washington, DC, United States, November 24, 2024. – Reuters Washington: The International Monetary Fund said on Tuesday that its Pakistani staff and authorities had entered into a staff level agreement, which will grant access to around 1 billion dollars under … Read more
The eminent banker and philanthropist, Sultan Ali Allana, was honored by the prestigious Nishan-E-Khidmat, one of the highest civil prices in Pakistan, during a special inauguration ceremony held on Pakistan day. The price was approved by President Asif Ali Zardari on August 14, 2024, during the celebrations of the 78th day of the country’s independence, … Read more
The image shows crypto parts. – Reuters / File Crypto Trading remains popular in Pakistan despite the Central Bank warnings. Pakistan ranks ninth in the world in terms of the adoption of cryptography, the report explains. “We want to attract international investments,” says Pakistan Crypto Council CEO. Karachi: In order to attract international investment, Pakistan … Read more
Listen to the article The military parade of Pakistan Day was held on Sunday in Aiwan-E-Sadr in Islamabad, commemorating the historic resolution of Lahore of 1940. The ceremony began with the national anthem, followed by a demonstration of military prowess and national unity. President Asif Ali Zardari, Prime Minister Shehbaz Sharif, the heads of the … Read more
Listen to the article The International Monetary Fund (IMF) in principle agreed a partial reduction in the tax rate for deductions on purchases of goods, following a request from the Federal Board of Revenue (FBR). The new rate, which will be reduced by two percent, is expected to come into force in April 2025. However, … Read more
A view of traffic jams on 9th avenue Road in Islamabad. – INP / File Islamabad: Islamabad traffic police issued a route plan for intense circulation in relation to Pakistan Day on March 23. A parade of the armed forces will be held in the federal capital on the occasion of Pakistan Day. According to … Read more